Monad mainnet launch, with an initial lock of 50.6% of the total MON token supply.
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TL;DR
Monad mainnet launched with a $269M token sale on Coinbase. 50.6% of the 100B MON token supply is locked until 2029, and 3.3% is reserved for community airdrops.
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Monadmainnet launchMON tokentokenomicsCoinbase
According to ChainCatcher, the Monad mainnet has officially launched. The MON token sale on Coinbase has been completed, with 85,820 participants committing $269 million. According to Monad's tokenomics, the MON token supply is 100 billion, with 50.6% initially locked and gradually unlocked by the end of 2029. In addition to the 7.5% total MON token supply provided through Coinbase, Monad has reserved over 3.3 billion MON tokens (approximately 3.3% of the total 100 billion token supply) for community airdrops.